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DOJ cracks down on North Korean crypto theft after $6.3 billion Binance heist

Washington Examiner ·

Updated 33m ago

  • 2 more outlets picked it up in the last 3 hours, most recently Washington Examiner, CoinDesk.

The Department of Justice on Thursday announced plans to clamp down on North Korean cryptocurrency theft following a scheme that siphoned over $6 billion from digital exchange platform Binance. The DOJ’s effort to stop North Korea from stealing crypto in order to fund its regime includes recovering billions of dollars stolen from Binance and dismantling

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First reported by The Defiant at · 3 outlets in all

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  1. Washington ExaminerDOJ cracks down on North Korean crypto theft after $6.3 billion Binance heistThe Department of Justice on Thursday announced plans to clamp down on North Korean cryptocurrency theft following a scheme that siphoned over $6 billion from digital exchange platform Binance. The DOJ’s effort to stop North Korea from stealing crypto in order to fund its regime includes recovering billions of dollars stolen from Binance and dismantling
  2. CoinDeskNorth Korea's Binance hack faces U.S. crackdown as DOJ targets $1.2 billion in stolen cryptoFederal authorities say they've taken infrastructure used in the FaceStealer scheme used to steal as much as $400 million in crypto assets.
  3. The DefiantDOJ Disrupts North Korean Fake-Call Crypto Theft SchemeOfficials attribute more than $400 million in losses over 18 months to FaceStealer, which uses recordings and deepfakes to impersonate trusted contacts.